Calico Duplex Package 5 Multifamily Properties Offered at $1,890,000 in Kansas City, MO
INVESTMENT HIGHLIGHTS
- Huge Units! All either 4 or 5 bedroom floorplans each with private backyard space.
- All 5 duplexes located on the same block – economies of scale
- Ideally located near major highway – be anywhere in the KC metro in minutes
- Proven Low Owner Expense Ratio - All Buildings are Sub-metered For All Utilities – Zero landlord responsibility
- Units 100% Renovated with New Plumbing & Electrical
EXECUTIVE SUMMARY
Introducing a rare investment opportunity to own five fully rehabbed performing extra-large duplexes on the same block in central Kansas City. Units are 100% rehabbed with cosmetic updates, new plumbing and new electrical and average rental rates are already above $1,600/mo per unit with the most recent lease signed at $1,975/mo. Built between 1968-74 and updated from 2016-25, each two-story duplex offers new kitchens with stainless steel appliances, refreshed luxury tiled bathrooms, new flooring, brick fireplaces and fresh paint.
Each unit is equipped with separate electric, gas, and water meters, individual hot water heaters, central heat and cooling, and laundry hookups, keeping owner expenses very low! Parking is ample with driveway parking spaces and individual attached garages at 3 of the 5 properties. Each side of the duplex enjoys a private backyard offering tenants additional space. This long-time owner has meticulously cared for these duplexes and has carefully focused rehab with a design eye in mind over the years. Its not every day you find huge units with modern upgrades, making it a coveted addition to any investor's portfolio.
Each unit is equipped with separate electric, gas, and water meters, individual hot water heaters, central heat and cooling, and laundry hookups, keeping owner expenses very low! Parking is ample with driveway parking spaces and individual attached garages at 3 of the 5 properties. Each side of the duplex enjoys a private backyard offering tenants additional space. This long-time owner has meticulously cared for these duplexes and has carefully focused rehab with a design eye in mind over the years. Its not every day you find huge units with modern upgrades, making it a coveted addition to any investor's portfolio.
PROPERTY FACTS
| Price | $1,890,000 |
| Price / SF | $82.56 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 22,893 SF |
| Total Land Area | 1.44 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 11100 College Ave, Kansas City, MO 64137 | Multifamily | 6,801 SF | 1971 | - |
| 11218 College Ave, Kansas City, MO 64137 | Multifamily | 4,933 SF | 1974 | - |
| 11200 College Ave, Kansas City, MO 64137 | Multifamily | 2,290 SF | 1968 | - |
| 11204 College Ave, Kansas City, MO 64137 | Multifamily | 3,778 SF | 1974 | - |
| 11210 College Ave, Kansas City, MO 64137 | Multifamily | 5,090 SF | 1974 | - |
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CONTACTS
-
Michelle Lutz -
Lee Ripma -
Lutz Sales + Investments
